Romelda Ascutia
ADB report: East, SE Asia to be among hardest hit by...
After a lackluster 2019, regional growth in developing Asia will decline sharply in 2020 due to the effects of the COVID-19 pandemic,...
March marks ASEAN’s worst manufacturing performance with record lows in output,...
Manufacturers in the Association of Southeast Asian Nations (ASEAN) felt the brunt of the coronavirus pandemic in March 2020 as the Purchasing...
Governments urged to maintain supply chains to avert global food shortage
Minimize disruptions to food supply chains caused by border restrictions relating to the COVID-19 pandemic to prevent food shortage and hunger, the...
East Asia & Pacific faces prospect of recession due to COVID-19—World...
Growth in East Asia and the Pacific (EAP) region is projected to slow to 2.1% in the baseline and to a negative...
ICC unveils roadmap to prevent ‘unprecedented collapse of value chains’
The International Chamber of Commerce (ICC) has issued a 10-point roadmap to help governments fight the COVID-19 pandemic and limit its economic...
WCO: facilitate reexport of ATA Carnet goods during COVID-19 pandemic
The World Customs Organization (WCO) is urging the enhanced facilitation of ATA Carnet procedures considering that some delays in re-exporting temporarily imported...
Online sale of counterfeit medical supplies on the rise
The World Customs Organization (WCO) has expressed alarm over reports of a surge in sales of counterfeit medical goods, particularly online.
COVID-19 pandemic could slash global FDIs by up to 40% in...
The COVID-19 pandemic's impact on foreign direct investment (FDI) will be more dramatic than previously projected, according to the United Nations Conference...
COVID-19 outbreak threatens up to 25M jobs: ILO
Almost 25 million jobs across the world could be lost due to the economic and labor crisis created by the COVID-19 pandemic...
WTO services trade index falls further as COVID-19 hurts world economy
World services trade growth continued to weaken toward the end of 2019 and into the first quarter of 2020, with passenger air...